Wealth without Cash
Supercharge Your Real Estate Investing with Subject-to, Seller Financing, and Other Creative Deals
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4.2 • 11 Ratings
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- $14.99
Publisher Description
Growing your real estate portfolio doesn’t necessarily require money—and Pace proves it with this amazing book (Grant Cardone, New York Times bestselling author of The 10X Rule). Tap into creative acquisition strategies with this Wall Street Journal bestseller.
Supercharge your real estate investment portfolio with creative deals, the fast and affordable way to build wealth in any marketplace. Pace Morby—TV host of A&E’s Triple Digit Flip and the king of creative finance—will guide you to success. From seller financing to subject-to deals, Pace will show you the innovative tactics he used to build a portfolio that includes more than 1,000 properties and $150 million in assets—all without using his own cash.
Whether you’re a beginner or have already started your own real estate business, this book will fully prepare you to find off-market leads, uncover sellers’ motivations, negotiate with confidence, close more deals, build a team, and much more. Wealth without Cash has everything you need to become a millionaire investor without risking your own capital.
With this book, you will:
Build a portfolio of off-market deals without using your cash Convince any seller to do business with you through proven scripts and win-win solutions to common concernsIdentify your strengths and build a team to support your needsShift your mindset to fuel your creative finance journeyLearn how to tackle entity structuring, taxes, paperwork, and legal concerns like the due-on-sale clause
PUBLISHERS WEEKLY
Morby, host of A&E's Triple Digit Flip, debuts with a competent primer on investing in real estate, dispensing tips for purchasing and selling properties, structuring deals, and overseeing a real estate portfolio. Emphasizing the importance of being personable, Morby recounts how his decision to help a seller find a new home for her pet rabbits led her to sell to him over other buyers: "This whole business is helping people and solving problems." Advice for finding buyers includes promoting rent-to-own arrangements to would-be renters, as well as collaborating with other realtors to pool leads on potential deals. The author breaks down "creative" ways of financing deals, including lease-to-buy, taking over a mortgage, and "seller financing," which involves the seller acting as lender while the buyer pays off the cost of the property in installments. Such discussions of alternative ways to purchase and sell real estate will be most helpful to those with some background in the housing market, and aspiring real estate moguls will find useful the recommendations on how to scale up one's portfolio, suss out a seller's priorities, and answer common questions from sellers. This gets the job done.
